OKLO

1. Commercial Nuclear Deployment & Powerhouse Development

Cluster Description

This cluster groups commitments focused on the development, site characterization, licensing, and eventual commercialization of Oklo’s advanced nuclear power plants—most notably the Aurora powerhouse. More recent documents (e.g., from May 2025) reflect refined timelines and strategies that update or supersede prior commitments from earlier dates.

Commitments

• 2025-05-27 – Collaboration with Korea Hydro & Nuclear Power to deploy the 75 MWe Aurora powerhouse at Idaho National Laboratory; advancing through licensing with plans to submit a formal COLA later in 2025.
• 2025-05-13 – Completion of site characterization borehole drilling to support Aurora powerhouse development, emphasizing progress toward a Combined License Application approval.
• 2025-05-13 – Commitment to commercial deployment of the first Aurora powerhouse unit, targeting operational status by late 2027 to early 2028.
• 2024-06-27 – (Earlier version) Planning for the first commercial power plant at INL with site use permit and fuel award; now superseded by more detailed and later commitments.
• 2024-09-25 – Through a DOE Memorandum of Agreement, initiatives were set for timely site investigations and smooth transition to construction, informing current efforts.

2. Regulatory & Environmental Compliance

Cluster Description

This cluster captures initiatives aimed at streamlining licensing, engaging proactively with regulatory bodies (e.g., the NRC), and ensuring strict adherence to environmental standards. Recent updates focus on integrated licensing pathways and reduced barriers for advanced reactor applicants.

Commitments

• 2025-06-10 – Commitment to obtain regulatory approval for the Licensed Operator Topical Report, along with establishing a streamlined and integrated licensing pathway for Aurora powerhouse technology.
• 2025-05-13 – Efforts to enhance regulatory efficiency through innovative licensing strategies and proactive discussions with the NRC to reduce application review timeframes.
• 2025-03-24 – Engagement with the NRC for a Pre-Application Readiness Assessment and plans to submit a formal Combined License Application, with initiatives to reduce licensing fees by nearly 55%.
• 2025-03-20 – Commitment to strict environmental stewardship during site investigations for the first commercial powerhouse, ensuring compliance with all regulatory benchmarks.
• 2024-11-07 – (Earlier version) Completion of environmental compliance processes and commencement of site characterization; now further refined by later commitments.

3. Strategic Partnerships & Market Expansion

Cluster Description

This cluster includes commitments that leverage strategic collaborations, joint ventures, and partnership agreements to expand market reach, integrate advanced technologies, and secure vital off-take agreements in key sectors such as defense, data centers, and clean energy.

Commitments

• 2025-06-11 – Commitment to design, construct, own, and operate a clean power plant for Eielson Air Force Base in Alaska under a long-term power purchase agreement.
• 2025-01-17 – Partnership for phased power solutions targeting U.S. data centers, combining natural gas generation with a transition to emissions‐free energy from Aurora powerhouses.
• 2024-12-18 – Establishment of a non-binding Master Power Agreement with Switch, targeting deployment of 12 GW of advanced nuclear power to meet clean energy needs through 2044.
• 2024-11-14 – Strategic partnership with Equinix committing 500 MW of power; this initiative sets the stage for additional collaborations across the data center space.
• 2024-11-13 – Partnership agreements for U.S. data center power supply that expand the customer pipeline by over 2,100 MW.

4. Nuclear Fuel Recycling & Radioisotope Production

Cluster Description

Focused on expanding Oklo’s footprint beyond power generation, this cluster captures commitments related to domestic radioisotope production and advanced nuclear fuel recycling. More recent commitments update earlier concepts by emphasizing integrated technology approaches and market diversification.

Commitments

• 2025-06-17 – Expansion of radioisotope production capabilities aimed at addressing domestic supply shortages and capturing a share of a $55.7 billion market opportunity, with a strategic focus on medical and industrial applications.
• 2025-03-05 – Acquisition of Atomic Alchemy Inc. to diversify into sectors such as biotech, pharmaceuticals, and defense; this commitment also includes establishing specialized radioisotope production capabilities and accelerating revenue streams.
• 2024-11-14 – (Earlier version) Proposed acquisition of Atomic Alchemy to expand into the radioisotope market; the 2025 acquisition supersedes this earlier commitment.
• 2024-07-17 – Completion of an end-to-end demonstration of advanced fuel recycling processes intended to reduce fuel costs and extract over 90% of the residual energy from used nuclear fuel.
• 2024-06-27 – Commitment to build a commercial-scale fuel recycling facility in the United States, targeting completion by the early 2030s.

5. Financial Management & Capital Deployment

Cluster Description

This cluster aggregates commitments regarding the company’s financial strategies, including the utilization of proceeds from capital markets, cost management, and operational funding. More recent documents provide updated specifics on offering proceeds, thereby refining and updating earlier financial commitments.

Commitments

• 2025-06-12 – Use of net proceeds from a public offering targeting approximately $400 million for general corporate purposes, working capital, capital expenditures, and future investments (overriding the similar public offering commitment dated 2025-06-11).
• 2025-03-30 – Commitment to executing the business plan through significant operating expenditures, funding operations via cash and marketable securities, implementing new lease agreements, and increasing R&D investment.
• 2024-11-14 – Focus on transparent financial management with clear updates on cash burn and operating expenses to support sustainable growth.

6. Organizational Leadership & Workforce Development

Cluster Description

This cluster highlights commitments directed at strengthening Oklo’s internal capabilities through leadership appointments, building high-performing teams, and enhancing overall organizational maturity. These efforts are crucial to support rapid technology deployment and operational expansion.

Commitments

• 2025-05-13 – Appointment of a new Chief Technology Officer tasked with commercializing advanced nuclear technologies, building high-performing engineering teams, and establishing a mature engineering organization.
• 2025-05-13 – Ongoing hiring and workforce expansion initiatives to support R&D efforts and broad corporate strategies.
• 2025-02-06 – Commitment to ensuring leadership continuity and a smooth board transition following changes in board membership, reinforcing organizational stability.